Market News
85,000 euros was paid for a white truffle
The owner of a Hong Kong restaurant paid 85,000 euros for 850 grams of a special white truffle at an auction in Alba, Piedmont – index wrote. This auction is...
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European Court of Justice: the taste of a food can not be protected by copyright
The taste of a food can not be protected by copyright, as it is not yet possible to identify it precisely and objectively, so it can not be distinguished from...
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Magazine: Candy – yes, sugar – no
Sales are on the rise again in the candy market – it was revealed at a roundtable discussion organised by the Association of Hungarian Confectionery Manufacturers on 3 July. New...
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KSH: Hungarians spend the most on food and non-alcoholic beverages
The average monthly average per capita spending of the Hungarian population was 88,600 HUF in the first half of this year, 8.8 percent more than in the same period of...
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The change in prices of vegetables and oil has spurned inflation
The 2.7 percent inflation in the first nine months of the year can be explained by the price change of seasonal vegetables and the international rise in oil prices –...
Read moreRaiffeisen: the growth of the Hungarian economy may be above 2 percent in 2020 and will be 3.5 percent next year
Raiffeisen Bank analysts expect a slowdown in economic growth in the coming years: while this year’s GDP growth is expected to exceed 4 percent, next year it will fall to...
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The Tócóskert market was handed over in Debrecen
One of the most important investments of the viable city program of the New Phoenix Project was the Tócóskert market in Debrecen, which was handed over by the mayor of...
Read moreCoffee consumption can protect against Alzheimer’s and Parkinson’s
According to a Canadian research, coffee consumption can provide a certain degree of protection against Alzheimer’s and Parkinson’s disease – the ScienceDaily.com online science portal wrote. A new study out...
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Nébih: African swine fever appeared again in Bihar County, Romania
The presence of African swine fever (ASF) has been confirmed in Bihar County in Romania, while some part of the protection and surveillance districts were extended to Hajdú-Bihar County –...
Read moreThe consumer sentiment deteriorated in November in the United States
The Consumer Sentiment Index of the University of Michigan and the Reuters news agency decreased but became better than expected in November in the United States. In November, the consumer...
Read moreExcept for beet, harvesting of autumn arable crops has been completed
With the exception of sugar beet, the harvest of arable field crops has been completed. The country has safe supply of maize, sunflower and soybean yields and significant quantities can...
Read more390 thousand tonnes of grapes have been harvested by farmers
According to Tarpataki Tamás, Deputy Minister of State of the Ministry of Agriculture; until now, 390 thousand tonnes of grapes have been harvested with a111.6 per hectare yields per hectare,...
Read moreExtreme Digital: domestic e-commerce sales in November are expected to be higher than in December
Thanks to the black Friday sales, the November sales of e-commerce in Hungary are expected to be higher than the December sales – Várkonyi Balázs, executive director of Extreme Digital...
Read moreThe European Commission has improved its GDP growth forecast for this year and for the next year
The European Commission has improved the Hungarian economy’s growth forecast for this year and for the next year – in its autumn prognosis published by the European Commission. The analysts...
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Magazine: Once upon a time…Business Days 2018 (Part 1)
This year we invited partners to tell and listen to fairytales at the Business Days conference in Tapolca, which was organised in cooperation with the Chain Bridge Club. Between 25...
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KSH prices increased by 3.8 percent in October
In October, consumer prices were on average 3.8 percent higher than the previous year’s 3.6 percent increase. Prices on average increased by 0.5 percent, compared to September – the Central...
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Nébih found deficiencies in three out of twenty-two tested mayonnaise products
Twenty-two mayonnaises were examined by the National Food Chain Safety Office (Nébih), the controlled products were adequate for food safety, but marking deficiencies were found in case of three products,...
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The foundation stone of the Etele plaza was laid in Budapest
The foundation stone of the Etele Plaza, worth 300 million euros (nearly 100 billion forints), was laid in Budapest – the Futureal Group told MTI in a statement. MTI photo:...
Read moreHungarian, Polish, Czech and Slovak organizations support fair trade
The Conscious Consumers’ Association (TVE) has launched a regional project with its Polish, Czech and Slovak partners for the promotion of Fairtrade, with the support of the International Visegrad Fund....
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The Hungarian seed sector remains in the forefront of the world with innovations
Hungarian seed production is operating at a high level, with great efficiency and innovatively, this advantage must be preserved for the next quarter century – was said at the 25-year...
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The first local Food Bank in Hungary was established in Hajdú-Bihar county
The Hungarian Food Banking Association has been operating in Hungary for 13 years. In 2018 a new chapter has begun in the life of the Association: on 8 November, the...
Read moreKSH: retail sales increased by 5.4 percent
Calendar effect adjusted retail sales increased by 5.4 percent in September, while the raw data became 4.4 percent, compared to the previous year. In the first three quarters of the...
Read moreTVs and mobile phones can be Black Friday’s most popular products
It is expected that TVs and mobile phones will be the most sought products at this year’s Black Friday promotions – origo wrote after Világgazdaság. Várkonyi Balázs, the co-founder and...
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AM: the quality of Hungarian wine is at European level
Hungarian wine is a high quality product at European level, and the government wants Hungarian wine-making companies to better compete with their Western counterparts – the Deputy Minister of State...
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MNB: households in September took more loans than the value of their fresh deposits
In September this year, households took loans in a value of 37 billion HUF, while placed 13 billion HUF deposits at domestic financial institutions. In the first nine months of...
Read more(HU) A szőlő aranyszínű sárgaság fertőzése miatt növény-egészségügyi zárlatot rendeltek el Pécsen
Because of the infection of the golden yellow jaundice of grapes, plant healthcare closure was ordered in Pécs The Baranya County Government Office (BAMKH) ordered the phytosanitary closure, due to...
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The rise of consumer prices in the euro area accelerated to nearly six-year high
In October, the pace of the rise in consumer prices in the euro area accelerated close to the six-year high and exceeded the European Central Bank’s target of close to...
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Vegetable prices can run away
The prices of root vegetables may grow by up to 40-50 percent and onion prices with about 30 to 40 percent in the next period – the president of the...
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Hungarian poultry can be exported to China again
China has lifted the veto against avian influenza in Hungary, which is good news for all Hungarian poultry breeders, as it will be possible to export to China – Nagy...
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